14th Oct 2008 17:23
14 October 2008
UMC Energy plc
("UMC" or the "Company")
Notice of resignation of Nominated Adviser
The Directors of UMC Energy plc (AIM: UEP) announce that Nabarro Wells & Co. Limited, the Company's Nominated Adviser for the purposes of the AIM Rules for Companies ("AIM Rules"), has tendered its resignation as the Company's Nominated Adviser which will take effect from 31 October 2008. The Directors are in discussions with a replacement Nominated Adviser and are confident of making an appointment by that date.
In the absence of the appointment of a replacement Nominated Adviser on or before 31 October 2008, the Company's shares will be suspended from trading on AIM in accordance with Rule 1 of the AIM Rules. If within one month of that suspension UMC has failed to appoint a replacement Nominated Adviser, the admission of the Company's shares to trading on AIM will be cancelled.
-End-
For further enquiries:
UMC Energy Plc Annie Richards |
Tel: 020 7514 1480 |
Nabarro Wells & Co. Limited Hugh Oram |
Tel: 020 7634 4860 |
Related Shares:
UEP.L